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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil output drops 5.4 per cent

Significantly, India's dependency on imported natural gas has increased indicated by stagnant domestic production and...

15 Oct 2019 1:26 AM IST

In 2018, the e-commerce sector had garnered a gross merchandise value of $24 billion. The January-May period accounted for 35 per cent of 2018 GMV.

Business

E-commerce to touch $32 bn GMV this year

So far this year the growth of horizontals and verticals has been on par at 29 per cent.

15 Oct 2019 1:23 AM IST

Hindustan Unilever Limited or HUL is a fast moving consumer goods company.

Business

HUL net spurts 21 per cent, but volume drags

Home care sustained another quarter of robust growth with consistent top line delivery in fabric wash.

15 Oct 2019 1:18 AM IST

Chairman and founder of Adani group Gautam Adani

Business

Total to buy Adani Gas stake via open offer

As per the latest understanding, Total will first make an open offer to buy a 25.2 per cent stake in Adani Gas.

15 Oct 2019 1:15 AM IST

Business

India Inc steps up spend on education, healthcare

Education and healthcare remained the most popular philanthropic cause among the top corporate Indian philanthropists.

15 Oct 2019 1:11 AM IST

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business